Bitcoin tops $65,000 as reports of US-Iran peace deal ease geopolitical fears
The rally reflected improving risk sentiment following reports that the U.S.
Bitcoin (BTC) has rebounded to near $65,800 after an on-chain bottom signal flashed for the second time in 2026, the same setup that preceded a 24% rally earlier this year. Large holders added to their positions as the signal appeared, hinting they see the low as in.
US President Donald Trump says the US and Iran have a deal for a “toll-free opening of the Strait of Hormuz,” sending Bitcoin to a two-week high.
June 15, 2026, 6:47 amA large build-up of speculative short positions in the yen raises the risk of a sharp short squeeze if the BOJ signals more aggressive tightening, potentially unwinding yen-funded carry trades that support risk assets.
June 15, 2026, 6:41 amThe rally reflected improving risk sentiment following reports that the U.S.
A ceasefire in April collapsed, and U.S.
A peace agreement that reopens the Strait of Hormuz pulled the geopolitical premium out of oil and put back into risk assets.
Bitcoin price started a fresh increase and cleared the $64,500 zone. BTC is consolidating and might aim for more gains above the $66,200 level. Bitcoin managed to stay above $62,500 and started a fresh increase. The price is trading above $64,500 and the 100 hourly simple moving average.
Crypto funds share their outlook on bitcoin, the biggest risks ahead, and where they see the best risk-reward opportunities today.
Federal prosecutors detailed a guilty plea in a violent kidnapping plot tied to an attempted bitcoin robbery. Authorities said the scheme sought to steal bitcoin connected to a theft worth hundreds of millions of dollars and has led to multiple guilty pleas in the broader case.
Across Polymarket and Kalshi, traders have deployed more than $78 million in bitcoin price prediction bets for 2026, and the collective signal is clear: the crowd is not expecting a breakout.
The price of crude oil is tumbling, and U.S.
President Donald Trump declared a deal with Iran complete on Sunday, immediately authorizing the toll-free reopening of the Strait of Hormuz and the removal of the U.S. naval blockade. Trump posted the announcement on Truth Social on June 14, 2026. The full statement read: “The Deal with the Islamic Republic of Iran is now complete.